Description

SHAFER LAKE 207' of lake front with Boat Ramp and Docks, 4 Bedroom Home. Also included is a 17 Pad Mobile Home Park w 15 pads occupied. A second home w a 5,000 sf shop and land zoned for Duplex's Town Homes and more. This is a great property for Re Development or Church Retreat, Campground, 55 & up community, Gated Community, Estate living and or Commercial purposes. You can do it all here. Perfect property for 1031 exchange / rental income offsets all expense. Currently Income is $31,800 per yr. 100 Miles to Chicago & 95 Miles to Indianapolis. Can divide:( House 100' water front $450,000) Mobile Home Park and 100' water front $575,000) (House W Shop & acreage NO Water Front $285,000)

School Ratings & Info

Description

SHAFER LAKE 207' of lake front with Boat Ramp and Docks, 4 Bedroom Home. Also included is a 17 Pad Mobile Home Park w 15 pads occupied. A second home w a 5,000 sf shop and land zoned for Duplex's Town Homes and more. This is a great property for Re Development or Church Retreat, Campground, 55 & up community, Gated Community, Estate living and or Commercial purposes. You can do it all here. Perfect property for 1031 exchange / rental income offsets all expense. Currently Income is $31,800 per yr. 100 Miles to Chicago & 95 Miles to Indianapolis. Can divide:( House 100' water front $450,000) Mobile Home Park and 100' water front $575,000) (House W Shop & acreage NO Water Front $285,000)

4599
NW
Shafer Drive
Monticello,
IN
47960

Price: $995,000

Status: Active

Updated: 74 min ago

MLS #: 408850

0

Beds

0

Baths

0

½ Baths

23.8

Acres

9,800

SQFT

$102

$/SQFT

Neighborhood:

Shafer Shores

County:

White

Area:

Monticello

Property Description

SHAFER LAKE 207' of lake front with Boat Ramp and Docks, 4 Bedroom Home. Also included is a 17 Pad Mobile Home Park w 15 pads occupied. A second home w a 5,000 sf shop and land zoned for Duplex's Town Homes and more. This is a great property for Re Development or Church Retreat, Campground, 55 & up community, Gated Community, Estate living and or Commercial purposes. You can do it all here. Perfect property for 1031 exchange / rental income offsets all expense. Currently Income is $31,800 per yr. 100 Miles to Chicago & 95 Miles to Indianapolis. Can divide:( House 100' water front $450,000) Mobile Home Park and 100' water front $575,000) (House W Shop & acreage NO Water Front $285,000)